North Park Plaza

EIN: 731107761

UEI: VJJUCYUMJS95

Data as of August 23, 2026

North Park Plaza10 audit years9 findings4 repeat
10
Audit Years
9
Total Findings
4
Repeat Findings

FY 2025-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on January 15, 2026. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by July 15, 2026 (40 days ago).

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2025-001
Cash Management

The project did not offset the monthly Section 8 Housing Assistance Payments.

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The project did not offset the monthly Section 8 Housing Assistance Payments.

Corrective Action Plan

Management agrees with the finding. The excess funds were accrued to offset future Section HAP requests.

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2025-002
Cash Management

Surplus cash was not deposited into the Residual Receipts account within 90 days.

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Surplus cash was not deposited into the Residual Receipts account within 90 days.

Corrective Action Plan

Management agrees with finding. The residual receipts account deficiency was funded on May 9, 2025 in the amount of $61,649. Management will ensure that the residual receipts account is properly funded in the future.

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FY 2021-06-30

FAC accepted this audit on October 27, 2021 — management decision was due April 27, 2022.

2021-001
Activities Allowed or Unallowed
QUESTIONED COSTS

HUD approval was not granted for disbursements from the restricted accounts. Cause: HUD approval was not requested. Effect or Potential Effect: The restricted account is underfunded by the amount of the withdrawal. Auditor Non-Compliance Code: A Questioned Costs: $24,516 Reporting Views of Responsible Officials: Management agrees with the finding. Management will deposit the funds back into the replacement reserve. Context: HUD approval was not granted for disbursements from the restricted accounts. Recommendation: Management should deposit the funds back to the replacement reserve. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. Management will deposit the funds back into the replacement reserve. Response Indicator: Agree Completion Date: August 4, 2021 Response: Management agrees with the finding. Management will deposit the funds back into the replacement reserve.

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Finding Reference Number: 2021-001 Type of Finding: FA Finding Resolution Status: In Process Information on Universe Population Size: The finding was not a result of a sampling procedure. Sample Size Information: The finding was not a result of a sampling procedure. Identification of Repeat Finding and Finding Reference Number: This is not a repeat finding. Criteria: According to the regulatory agreement, disbursements from restricted funds may only be made after receiving written consent from HUD. Statement of Condition: HUD approval was not granted for disbursements from the restricted accounts. Cause: HUD approval was not requested. Effect or Potential Effect: The restricted account is underfunded by the amount of the withdrawal. Auditor Non-Compliance Code: A Questioned Costs: $24,516 Reporting Views of Responsible Officials: Management agrees with the finding. Management will deposit the funds back into the replacement reserve. Context: HUD approval was not granted for disbursements from the restricted accounts. Recommendation: Management should deposit the funds back to the replacement reserve. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. Management will deposit the funds back into the replacement reserve. Response Indicator: Agree Completion Date: August 4, 2021 Response: Management agrees with the finding. Management will deposit the funds back into the replacement reserve.

Corrective Action Plan

Finding Reference Number: 2021-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. Management will deposit the funds back into the replacement reserve. Completion Date: August 4, 2021

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FY 2020-06-30

FAC accepted this audit on November 8, 2020 — management decision was due May 8, 2021.

2020-001
Cash Management
REPEAT

The project did not offset the monthly Section 8 Housing Assistance Payments. Cause: Residual Receipts account balance was not monitored. Effect or Potential Effect: Residual Receipts account was not used to offset project operating costs. Auditor Non-Compliance Code: R Questioned Costs: There are no questioned costs. The finding does not relate to an undocumented transaction or unreasonable expenditure. Reporting Views of Responsible Officials: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Context: The project did not offset the monthly Section 8 Housing Assistance Payments. Recommendation: Management should monitor the Residual Receipts account balance and apply excess deposits against Section 8 HAP requests. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Response Indicator: Agree Completion Date: August 14, 2020 Response: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests.

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Finding Reference Number: 2020-001 Type of Finding: FA Finding Resolution Status: In Process Information on Universe Population Size: The finding was not a result of a sampling procedure. Sample Size Information: The finding was not a result of a sampling procedure. Identification of Repeat Finding and Finding Reference Number: Prior year finding references: 2017-002, 2018-002, & 2019-001 Criteria: Per Notice H-2012-14, "Residual Receipts account balances in excess of $250 per unit must be applied on a monthly basis to offset Section 8 HAP payments up to the full amount of the monthly subsidy request, depending upon the amount of Residual Receipts available for the offset. Monthly offsets must continue until the Residual Receipts account reaches the Retained Balance level of $250 per unit." Statement of Condition: The project did not offset the monthly Section 8 Housing Assistance Payments. Cause: Residual Receipts account balance was not monitored. Effect or Potential Effect: Residual Receipts account was not used to offset project operating costs. Auditor Non-Compliance Code: R Questioned Costs: There are no questioned costs. The finding does not relate to an undocumented transaction or unreasonable expenditure. Reporting Views of Responsible Officials: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Context: The project did not offset the monthly Section 8 Housing Assistance Payments. Recommendation: Management should monitor the Residual Receipts account balance and apply excess deposits against Section 8 HAP requests. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Response Indicator: Agree Completion Date: August 14, 2020 Response: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests.

Corrective Action Plan

Finding Reference Number: 2020-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Completion Date: August 14, 2020

Prior Finding References

2019-001

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FY 2019-06-30

FAC accepted this audit on October 27, 2019 — management decision was due April 27, 2020.

2019-001
Cash Management
REPEAT

The project did not offset the monthly Section 8 Housing Assistance Payments. Cause: Residual Receipts account balance was not monitored. Effect or Potential Effect: Residual Receipts account was not used to offset project operating costs. Auditor Non-Compliance Code: R Questioned Costs: There are no questioned costs. The finding does not relate to an undocumented transaction or unreasonable expenditure. Reporting Views of Responsible Officials: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Context: The project did not offset the monthly Section 8 Housing Assistance Payments. Recommendation: Management should monitor the Residual Receipts account balance and apply excess deposits against Section 8 HAP requests. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Response Indicator: Agree Completion Date: August 14, 2019 Response: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests.

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Finding Reference Number: 2019-001 Type of Finding: FA Finding Resolution Status: In Process Information on Universe Population Size: The finding was not a result of a sampling procedure. Sample Size Information: The finding was not a result of a sampling procedure. Identification of Repeat Finding and Finding Reference Number: Prior year finding references: 2017-002 & 2018-002 Criteria: Per Notice H-2012-14, "Residual Receipts account balances in excess of $250 per unit must be applied on a monthly basis to offset Section 8 HAP payments up to the full amount of the monthly subsidy request, depending upon the amount of Residual Receipts available for the offset. Monthly offsets must continue until the Residual Receipts account reaches the Retained Balance level of $250 per unit." Statement of Condition: The project did not offset the monthly Section 8 Housing Assistance Payments. Cause: Residual Receipts account balance was not monitored. Effect or Potential Effect: Residual Receipts account was not used to offset project operating costs. Auditor Non-Compliance Code: R Questioned Costs: There are no questioned costs. The finding does not relate to an undocumented transaction or unreasonable expenditure. Reporting Views of Responsible Officials: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Context: The project did not offset the monthly Section 8 Housing Assistance Payments. Recommendation: Management should monitor the Residual Receipts account balance and apply excess deposits against Section 8 HAP requests. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Response Indicator: Agree Completion Date: August 14, 2019 Response: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests.

Corrective Action Plan

Finding Reference Number: 2019-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Completion Date: August 14, 2019

Prior Finding References

2018-002

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FY 2018-06-30

FAC accepted this audit on November 5, 2018 — management decision was due May 5, 2019.

2018-001
Reporting / Special Tests & Provisions
REPEAT

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-001

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2018-002
Cash Management
REPEAT

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-002

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FY 2017-06-30

FAC accepted this audit on November 30, 2017 — management decision was due May 30, 2018.

2017-001
Reporting / Special Tests & Provisions

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

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2017-002
Cash Management

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

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Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.

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